No central theme in Budget
Jammu, July 8 -- The first budget present by Nirmala Sitharaman has no central theme which focuses on economic reforms or giving a boost to employment generation and addressing concerns over economic slowdown in the country. There were expectations of a big economic growth push through either tax cuts or large expenditure programmes even if it meant a rise in the fiscal deficit. But the first time Finance Minister has chosen to be fiscally conservative, opting to play the long-term game, though it could lead to pain in the short term. The only interesting thing she has allowed herself is a big Rs 70,000 crore fresh capital infusion in banks that will spur lending to growth sectors in the economy. It is quite notable that the budget has soug...
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